Announcement regarding Treasury Stock Repurchase at the Stock Market

Nikon Corporation repurchased treasury stock at the market for stock options granted to board members and officers, based on the Article 210-2 of the Commercial Law.

Details are as follows:

1. Period of repurchase :
   June 29, 2001
2. Number of shares repurchased :
   99,000
3. Total cost of repurchase :
   118,160,750 yen
4. Method of repurchase at the market :
   Purchase at the Tokyo Stock Exchange

Note: The repurchase of stock, authorized by the resolution at the ordinary General Shareholders' Meeting on June 28, 2001, has been fully completed.

Reference:

1. Details of the Treasury Stock Repurchase resolved at the ordinary General Shareholders' Meeting on June 28, 2001.

   1)	Type of stock to be acquired : Par-value common stock of Nikon Corporation
   2)	Total number of stocks to be acquired : 99,000 shares (maximum)
   3)	Total value of stock to be acquired : 300 million yen (maximum)

2. Details of stock acquired

   1)	Number of shares purchased : 99,000
   2)	Total cost of repurchase : 118,160,750 yen